INTERIM FINANCIAL REPORT JULY-SEPTEMBER 2021
SEVERAL STEPS IN THE RIGHT DIRECTION
THIRD QUARTER 2021
- Net sales totalled MSEK 14.8 (14.2), a change of MSEK +0.6 / +4 %
- EBITDA was MSEK 0.1 (0.6), a change of MSEK -0.5 (1)
- Operating profit/loss was MSEK -1.6 (-0.9), a change of MSEK -0.7 (1)
- Profit/loss after tax was MSEK -1.7 (0.4), a change of MSEK -2.2 (1)
- Earnings per share amounted to SEK -0.05 (0.01) (1)
(1) Last year’s comparative figures include grants for short-time allowance of MSEK 1.1
JANUARY – SEPTEMBER 2021
- Net sales totalled MSEK 37.9 (38.9), a change of MSEK -1.0 / -2 %
- EBITDA was MSEK -3.6 (-5.2), a change of MSEK +1.7 (2)
- Operating profit/loss was MSEK -8.5 (-10.2), a change of MSEK +1.8 (2)
- Profit/loss after tax was MSEK -8.8 (-7.6), a change of MSEK -1.2 (2)
- Net earnings per share amounted to SEK -0.26 (-0.22) (2)
(2) Current year’s result include grant for short-time allowance quarter 1 and 2 of MSEK 2.5
Last year’s result include grant for short-time allowance quarter 2 and 3 of MSEK 3.0
| Jul-Sep 2021 | Jul-Sep 2020 | Jan-Sep 2021 | Jan-Sep 2020 | Jan-Dec 2020 | ||
| Net sales, kSEK | 14 774 | 14 183 | 37 907 | 38 861 | 52 809 | |
| EBITDA, kSEK | 135 | 600 | -3 551 | -5 237 | -4 936 | |
| Operating profit/loss, kSEK | -1 635 | -888 | -8 456 | -10 212 | -11 712 | |
| Profit/loss for the period, kSEK | -1 749 | 429 | -8 797 | -7 550 | -13 853 | |
| Result per share, SEK | -0,05 | 0,01 | -0,26 | -0,22 | -0,41 |
EVENTS DURING THE QUARTER
- As of July 1, 2021, Westpay is no longer applying for short-time work allowance
- Strategy expansion continues, Klarna and Westpay collaborate on payment solutions.
- Westpay signs agreement with three new POS Partners in Norway and a new POS Partner in Sweden.
- Westpay AB carries out a directed new issue of shares of approximately SEK 15.5 MSEK and also decides on a convertible loan of 7.5 MSEK.
EVENTS AFTER THE END OF THE QUARTER
- Decision taken at Extra General Meeting regarding the convertible loan
- Westpay sign agreement with BRP
- Westpay and Trivec have successfully established their first joint customer
For more information about news and events:
For additional information, please contact:
Sten Karlsson, CEO Westpay AB
Mobile:
Email:
Lars Levin, CFO Westpay AB
Mobile: 4
Email:
Certified Adviser is Redeye AB,
Phone: 0, email:
Westpay is a full-service fintech- and Payment Solution Provider that offers solutions that simplify payments and amplifies the overall customer experience. If you represent a restaurant, hotel, store, in-store, or e-commerce, and looking for a payment solution that adds value, we can help you all the way. The company is represented globally, headquartered in Stockholm, Sweden and is listed on Nasdaq First North Growth Market.
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